Fair Lending FAQs: Small Businesses & the Paycheck Protection Program
The Paycheck Protection Program (PPP) has proven a more-than challenging endeavor for financial institutions.
9 Benefits Of Vendor Management Software Vs Manual Tracking
When it comes to vendor management software, some financial institutions rely on a combination of spreadsheets, email, and shared drive files.
OCC Releases Final CRA Modernization Rule: What You Need to Know
The OCC released its final Community Reinvestment Act (CRA) rule last week, shortly before Comptroller Joseph Otting stepped down.
How To Work With The Board & Management: 6 Tips From A Top Compliance Officer
When a bank has a good compliance management system (CMS), training, an engaged board, and monthly testing.
5 Tips For Assessing Your Financial Institution’s Pandemic Performance
Now that we’re months into the COVID-19 pandemic, financial institutions can finally begin assessing their pandemic performance.
3 Common Questions About Vendor Response To COVID-19
Monitoring critical vendors’ response to COVID-19 and the effectiveness of their ongoing business continuity management (BCM)
What’s The Difference Between Business Continuity Management (BCM) And Pandemic Planning?
There is a huge amount of overlap between BCM and pandemic planning guidance.
4 Ways To Streamline Your CMS
Many institutions already have a strong compliance management system (CMS) in place.
Fair Lending in the Time of COVID: Trends from the CFPB & OCC
We may be weary from living it and reading about it, but COVID-19 continues to impact every aspect of everyday life—including fair lending...
FFIEC: Risk Management Is Essential To Safe & Sound Cloud Computing
From the model used to risk appetite and the complexity of a financial institution’s operations, FIs need to understand how their specific cloud-computing
7 Tips For Making Your Complaint Program More Effective
Read on for seven tips to make your complaint management program more effective.
Inside Ncontracts COVID-19 Pandemic Response
When your company is full of risk management and business continuity experts, you have to be prepared to face the unexpected.
Fair Lending Pitfall #3: The CARES Act & PPP
Do you like your small business lending with a side of controversy? If so, you’ve probably been actively monitoring the Paycheck Protection...
A Little Monday Inspiration: The Banking Heroes We Need
We all need a little inspiration to brighten these difficult days. I got a dose last week from this story in The Washington Post about how nimble banks
How COVID-19 Is Impacting Fair Lending Compliance
Small business loan demand is through the roof thanks to government assistance programs, while low mortgage rates have resulted in high demand
How to Lead During a Pandemic: A Conversation with Marcia (“Marci”) Malzahn
The pandemic activated every single risk. Right now, bankers are dealing with credit, liquidity, interest rate, earnings, capital, and human resources.
The New COVID-19 Risk Environment: Reassessing Risk
Risk has always been a part of banking. But today, with the spread of COVID-19 wreaking havoc on customers, the economy, and how we live and do business,
Fair Lending Pitfalls: The CARES Act & Mortgage Loan Servicing
Congress passed the Coronavirus Aid, Relief, and Economic Security Act (more commonly known as the CARES Act) last month, learn how it effects you.
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & IT (Part 6)
HR may be setting up work-from-home policies and dealing with employee concerns, but the IT department has to make sure the technology works.
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Finance & Lending (Part 5)
As COVID-19 spreads across the U.S., finance and credit departments at financial institutions are facing a new world of risk.
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Compliance and Risk (Part 4)
While many necessary compliance and risk functions continue, it’s by no means business as usual. COVID-19 is creating new operational risks that need to
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Board & Management (Part 3)
As COVID-19 spreads across the country, boards and management are making critical decisions to adapt to changing conditions.
CU Broadcast Interview Michael Berman on Third-Party Risk and COVID-19
That’s the question Mike Lawson from CU Broadcast had for Ncontracts CEO and Founder Michael Berman.
COVID-19 Update: CFPB Postpones HMDA Data Collection
As financial institutions scramble to maintain operations and aid customers and members as COVID-19 continues to spread, the Consumer Financial Protection …
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & the Frontline, Back Office & Marketing (Part 2)
In this second blog in Ncontracts’ series breaking down key operational risk considerations department-by-department, we’re addressing three departments:
Finastra, World’s Third-Largest Fintech, Responds to Ransomware Attack
Finastra, the third-largest fintech company in the world, took its servers offline Friday to protect its data after detecting a ransomware attack, the
Covid-19 Risk Management: Balancing CRA & Fair Lending
The Federal Reserve Board, the FDIC, and the Office of the Comptroller of the Currency encourage financial institutions to work with affected customers
Pandemic Preparedness & BCP Department-by-Department Series: COVID-19 & Human Resources (Part 1)
Ncontracts will address key operational risk considerations department-by-department to help your FI with pandemic preparedness & business continuity
FinCEN Hits Chief Risk Officer with $450k Penalty
Michael LaFontaine got nailed because he was responsible for overseeing U.S. Bank’s compliance programs.
FDIC Updates RMS Manual: What Does That Mean for Risk Management at Your FI
Compliance isn’t just about following rules. It’s about thoughtfully managing risk.